Contents 1 About Cbus 2 2 How super works 2 3 Benefits of investing. Product Disclosure Statement: 1 November 2015

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1 Join Cbus Personal Super Product Disclosure Statement: 1 November 2015 Auth. No This Product Disclosure Statement (PDS) is a summary of significant information about Cbus and contains a number of references to important information. Refers to incorporated by reference materials Refers to important information for you to note You should consider this information before making a decision. If you want a printed copy of this PDS or other information referenced, please call or us cbusenq@cbusmail.com.au Cbus Trustee: United Super Pty Ltd ABN AFSL Cbus ABN MySuper authorisation The contents of this PDS is general information only and does not take into account your financial situation or needs. You should obtain financial advice tailored to your own personal circumstances. Please note the information in this PDS is current as at 1 November 2015 and is subject to change between the time you read it and when you join Cbus. For updated information visit our website or call us. Contents 1 About Cbus 2 2 How super works 2 3 Benefits of investing with Cbus 3 4 Risks of super 3 5 How we invest your money 3 6 Fees and costs 4 7 How super is taxed 5 8 Insurance in your super 6 9 How to open an account 8 10 Other information /15

2 2 How super works 1 About Cbus Cbus is the industry super fund for more than 720,000 members and 96,000 employers in the Australian building, construction and allied industries. Founded in 1984 by workers for workers, Cbus has low fees and is run only to benefit members and the people who depend on them. Managing more than $31 billion of members funds, we achieve strong investment performance over the long term *. Cbus is run by people like you. Our Board has representatives from employee organisations, such as the CFMEU, AWU, AMWU, ACTU, CEPU and the ETU as well as employer organisations, MBA and NECA. There s also an independent Board member. You can find other important information about Cbus at including: Trust Deed and governing rules Annual Report to members Financial Services Guide organisations we use to help run the fund how Directors are appointed Board attendance information about our Directors and Executive team (including how they are paid). Cbus offers a MySuper investment option, Growth (Cbus MySuper), a straightforward, low-cost option that suits most members. Our product dashboard for the Growth (Cbus MySuper) option is available at You also have other options to choose from see Section 5 How we invest your money for details. * Past performance is not a reliable indicator of future performance. Who is this Product Disclosure Statement (PDS) for? This PDS is for people joining Cbus who are not currently working or receiving employer payments (our Personal Super plan). If you re joining through an employer or as a sole trader, you can join through our: Industry Super for people joining Cbus through an employer Sole Trader Super for self-employed people Cbus Super Income Stream for people moving towards retirement or who have retired. Contact Cbus for a copy of the PDS for these super products. You can join Cbus using the Join Cbus Personal Super form at the back of the PDS or online at What is super? Super is a tool to help you save for your retirement. That s why the Government takes less tax from super than from other investments, helping you save more towards your future. If you re not joining Cbus through an employer, you can choose your own super fund. Cbus Personal Super lets you choose how much and often you would like to invest into your super. How you can boost your super You can contribute to your Cbus super account whenever you like within government limits. Some easy ways you can contribute to your super include: from your before-tax salary (salary sacrifice) from your after-tax salary. You may also be eligible for a government co-contribution of up to $500. Also, combining your super accounts with Cbus could make your super easier to manage and you may save on fees. Limits on contributions There are limits on how much you can contribute to your super. See How super is taxed on page 5 for details. Accessing your super Super is designed to help you save for your retirement. That means generally you can t access it until you retire after you reach your preservation age (shown in the table below) or age 65. Preservation age table Your date of birth Preservation age Before 1/7/ /7/ /6/ /7/ /6/ /7/ /6/ /7/ /6/ After 1/7/ Before you retire You may be able to access your super before retirement. This could be due to severe financial hardship or terminal illness. When you reach your preservation age you may be able to start using your super under a transition to retirement strategy, such as a Cbus Super Income Stream account. When you retire When you fully retire, you can either take your super as a lump sum or move it into a Cbus Super Income Stream account. This gives you a regular tax-free income payment. You should read the important information about How super works before making a decision. Go to The material relating to How super works may change between the time you read this statement and the day when you acquire this product. 2 Join Cbus Personal Super

3 4 Risks of super All investing, including super, has risk. Understanding risk can help you make better decisions about your super. Cbus invests your super in different asset classes (investment types) such as cash, property, infrastructure, fixed interest and shares. Each asset class has a different level of risk and expected return. 3 Benefits of investing with Cbus When you join Cbus Personal Super you ll benefit from: Low fees and no entry fees Strong long-term investment performance Creating jobs in your industry Access to insurance to protect you and your family at work and at home Financial advice Online access at Member SuperSite Regular updates We re MySuper authorised Auth. No We keep our costs low so more of your super stays where it belongs: in your account. Our default investment option, Growth (Cbus MySuper), has performed strongly over the long term since it began in 1984 *. For details on our performance visit * Past performance is not a reliable indicator of future performance. Our own direct property investment company, Cbus Property Pty Ltd, has created thousands of construction jobs across Australia. Affordable insurance cover is available through Cbus that can cover you for death (including terminal illness) and total and permanent disablement (TPD). Our dedicated Cbus Advice Team can give you advice over the phone, 8am to 8pm (AEST/AEDT) Monday to Friday call the Service Centre. It s easy to manage your Cbus super account online using Member SuperSite. Check your estimated account balance, make contributions, see your insurance cover, switch investment options and update your personal details it s quick and secure. Register online at Twice each year, Cbus will send you an account statement and our member magazine, Cbus News, to keep you up-to-date on your super. Cbus was proudly one of the first funds to get government MySuper authorisation. Visit for details. Everything you need to manage your Cbus super is here. From super calculators and fact sheets to a quick join tool, you ll have a handle on your super 24/7. Shares, property and some alternative investments can have high returns, but also more risk of loss in the short term. Cash and fixed interest investments generally have lower, but more stable, returns. When investing in super it s important you keep in mind that: the value of your investment can go up or down the level of investment returns can vary future returns may be different from past returns returns are not guaranteed and you may lose some of your money your super savings may not grow enough through your contributions and investment returns to support you when you retire your super might not last your whole retirement (you may live longer than average ), and super laws may change in the future. What level of risk should your super have? Cbus offers you a range of investment options, each with a different level of risk. When choosing an option or mix of options to invest in, you need to think about: your age how close you are to retirement (your investment timeframe) other investments you hold, such as savings, property or shares, and the level of risk you re comfortable with. 5 How we invest your money This section gives you a summary of how Cbus invests your super. Cbus gives you a range of investment options to choose from depending on how much, or how little, risk you want to take: Cash Savings Conservative Growth (Cbus MySuper) High Growth Cbus Self Managed - Eligible members can invest directly in Australian shares, Exchange Traded Funds (ETFs), term deposits and Managed Investments including property and infrastructure assets. If you don t want to choose, your super will automatically be invested in our default option, Growth (Cbus MySuper). As a MySuper authorised option, it suits people who plan to have their super invested for the long-term (seven years or longer). Cbus may add new investment options, remove an existing option or change an option (its strategic asset allocation or objective). If any of these changes are significant, we ll write to you or update you in our member magazine, Cbus News. The right investment option for you will depend on its likely return, the amount of risk you re happy to take to achieve it, and how many years you have until you retire. Join Cbus Personal Super 3

4 5 How we invest your money continued The Growth (Cbus MySuper) option (our default option) This option suits people who can accept negative returns in some years (expected to happen 3 in 20 years) but expect long-term returns to be well above inflation. It s invested in a range of assets including shares, property, infrastructure and cash. Investment objective Suggested minimum investment timeframe Risk level Risk band 5 To deliver an after-tax return of inflation plus 3.25% a year over rolling ten-year periods, 75% of the time. The likelihood of negative annual returns is 3 years in every 20 years. Members should expect to invest for 7 years or more. Medium to high The risk level is based on an industry-wide standard risk measure. It s based on the number of expected negative annual returns over a 20-year period. The standard risk measure ranges across seven risk bands, from 1 (very low risk) to 7 (very high risk). It doesn t measure all forms of investment risk. Long Term Strategic Asset Allocation (LTSAA) and ranges for the Growth (Cbus MySuper) option Asset Class LTSAA Range Australian shares 26.5% % International shares 21.5% % Private equity 2.0% Opportunistic growth 5.0% % Infrastructure 11.0% % Property 13.0% % Alternative debt (formerly Credit) 6.0% % Fixed interest 12.0% % Cash 3.0% % The LTSAA and ranges apply from 1 November The range shown is the lowest and highest percentage Cbus will invest in an asset class. The actual asset allocation can vary significantly to the LTSAA, reflecting Cbus views of how investment markets may perform over the medium term. Visit for the current Target Portfolio our medium term strategy for the Growth (Cbus MySuper) option. Changing investment options There are no fees for changing (switching) between options and you can switch once a week. You can invest across any or all options. You can also invest your existing super account differently to any future contributions coming into your account. To switch your investment option: log in to the Member SuperSite at or complete the Investment choice form at or call the Service Centre. Terms, conditions and costs apply for investing in the Cbus Self Managed investment option. For more information read the Cbus Self Managed Investment Guide. We strongly recommend you seek advice before you change how your super s invested. Before you switch It s important to understand the range of investment options available, your investment timeframe and the impact of switching investment options, particularly in response to short-term market volatility. Cbus recommends you seek financial advice prior to making an investment switch. If you re considering switching investment options and would like help in understanding what option may suit your circumstances, please call us on Environment, Social and Governance Cbus expects investment managers to consider environmental, social and corporate governance (ESG) factors (including labour standards) when choosing Cbus investments. You should read the important information about How we invest your money before making a decision. Go to and read the Investment handbook and the Cbus Self Managed Investment Guide. You should also read the important information about our ESG policy at The material relating to How we invest your money may change between the time you read this statement and the day when you acquire this product. 6 Fees and costs Did you know? Small differences in both investment performance and fees and costs can have a substantial impact on your long-term returns. For example, total annual fees and costs of 2% of your account balance rather than 1% could reduce your final return by up to 20% over a 30-year period (for example, reduce it from $100,000 to $80,000). You should consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs. You may be able to negotiate to pay lower contribution fees and management costs where applicable. Ask the fund or your financial adviser. To find out more If you would like to find out more, or see the impact of fees based on your own circumstances, the Australian Securities and Investments Commission (ASIC) website has a superannuation calculator to help you check out different fee options. As Cbus only charges fees to cover costs, not to make a profit, you re unable to negotiate the fees set out in this PDS. The main fees to set up and manage your account shown on page 5 are based on the Growth (Cbus MySuper) option. These fees and costs may be deducted from your account or from investment returns before the crediting rate is applied to your account. This information can be used to compare Cbus costs with other super funds. 4 Join Cbus Personal Super

5 6 Fees and costs continued Growth (Cbus MySuper) default option Type of fee Amount How and when paid Investment Fee Nil n/a Administration Fee $78 per year ($1.50 per week) Deducted from your account at the earlier of the end of each financial year or if you fully exit the fund during the year. Buy-sell spread Nil n/a Switching Fee Nil n/a Exit Fee $35 Deducted from your account when you withdraw or rollover funds from your Cbus account. Advice fees Nil n/a Other Fees and Costs Indirect Cost Ratio Additional fees may apply visit for further information. 0.81% p.a (i.e. $8.10 per $1,000) Deducted from the crediting rate applied to member s accounts. The Indirect Cost Ratio is calculated at 30 June each year and may change from year to year. The Indirect Cost Ratio for this PDS is for the 2014/15 financial year. It s different for each investment option. This (percentage) amount is deducted from the investment returns of fund assets before the crediting rate is determined. It includes the cost to invest fund assets, establishing and maintaining fund reserves and the Trustee s costs to run the fund as a whole. Use our handy super calculator at to see how fees and costs on your account affect your super, or try the ASIC Moneysmart Calculator at Example of annual fees and costs for Growth (Cbus MySuper) Below is an example of how the fees and costs in the Growth (Cbus MySuper) investment option can affect your super over one year. You can use this to compare Cbus with other super funds. Growth (Cbus MySuper) default option Type of fee Amount Balance of $50,000 Investment Fee Nil For every $50,000 you have in the MySuper product you will be charged $0.00 each year. PLUS Administration Fee PLUS Indirect costs for the MySuper product EQUALS Cost of product $78 ($1.50 per week) 0.81% (i.e. $8.10 per $1,000 invested) And, you will be charged $78 in administration fees regardless of your balance. And, indirect costs of $405 each year will be deducted from your investment. If your balance was $50,000, then for that year you will be charged fees of $483 * for the Growth (Cbus MySuper) option. * Additional fees may apply. And if you withdraw any funds from your account you will be charged an exit fee of $35. How fees and costs affect your account Cbus published earnings rates include all the costs of making the investment and fund expenses (Indirect Cost Ratio) deducted from the earnings before the crediting rate is declared and applied to your account. Administration fees are paid directly from your account and shown on Your annual statement. Fee changes Cbus may change fees and costs at any time without members consent. You ll be given at least 30 days notice before any increase to the administration fee or insurance premiums. You should read the other important additional information about Fees and costs for all investment options before you make a decision. Go to The material relating to Fees and costs may change between the time you read this statement and the day when you acquire this product. You may pay additional fees and costs if you consult a financial adviser. If you receive personal financial advice, please refer to the Statement of Advice they give you that sets out how these fees will be charged. 7 How super is taxed Super can be a tax-effective way to save for your retirement. It can be taxed at different times: on contributions into an account, investment earnings and withdrawals. Tax on contributions Tax on contributions depends on your age, income and the amount and type of contribution. In most cases tax is deducted from your account after the contribution is received, the fund then pays tax to the Australian Taxation Office (ATO). There are two kinds of super contributions: before-tax (concessional) contributions: employer, salary sacrifice after-tax (non-concessional) contributions: personal contributions. There are caps (limits) on how much you can contribute and different tax rates apply: see the table below. Type of contribution Before-tax (concessional) After-tax (nonconcessional) 15% * tax on amounts up to $30,000 a year. If you turn 50 or older in the 2015/16 financial year you can contribute up to $35,000. Amounts in excess of the cap are added to your assessable income and taxed at your marginal rate (plus an interest charge). 0% tax on amounts up to $180,000 a year. If under 65, you can contribute $540,000 in the first year of a three year period. Contributions in excess of the cap amount are taxed at 45%^. * An additional 15% tax is charged on some or all of these contributions if an individual s annual income (including before-tax contributions) is over $300,000. ^ Plus Medicare Levy and Temporary Budget Repair Levy. If contributions to your super are over the cap limit you ll be subject to the higher tax. In some circumstances this can be taken out of your account in the fund or you can obtain a refund on the excess contributions (go to for more information on tax). There are limits on how much you can contribute (contribution caps). If you contribute more than these limits you may pay extra tax. See the table Type of contribution on page 5. Join Cbus Personal Super 5

6 7 How super is taxed continued Tax deductions If you re eligible you may be able to claim your personal contributions to Cbus during the year as a deduction. To claim the deduction you must notify Cbus on the ATO s NAT form (visit before the earlier of: withdrawing any super, or, lodging your tax return for the financial year in which the contribution was made, or before the end of the financial year after you made the contribution. You ll need a letter from Cbus confirming your ATO form has been received and accepted by the Trustee before you can claim the deduction in your tax return. The amount you claim will be taxed at 15% in the fund. Tax on withdrawals If you re under age 60, tax is deducted from super withdrawals before you receive them. If you re aged 60 or over, withdrawals are generally tax free. Your super benefit is divided into two components. Component Tax if you re under 60 Tax-free No tax payable Taxable If you re under 55, taxed at 20% *. If you re years, the first $195,000^ is tax-free and the balance is taxed at 15% *. * ^ Plus Medicare Levy Tax-free threshold for 2015/16 The $195,000 lifetime limit is the total of all the taxable payments you receive or are paid before you reach age 60 (even if you receive them in different financial years). Tax on investment earnings Investment earnings are taxed at up to 15%. This tax is deducted from the interest rate that applies to your super, before the earnings are added to your account. Why you should provide your Tax File Number (TFN) If we don t have your TFN: your before-tax super contributions and withdrawals are taxed at a higher rate Cbus can t accept after-tax contributions from you it may be harder to find any lost super or combine your super accounts. You should read the important information at before you provide your TFN. You should read the important information about How super is taxed before making a decision. Go to or visit The material relating to How super is taxed may change between the time you read this statement and the day when you acquire this product. Anti-detriment amount An anti-detriment amount is added to death benefits paid by Cbus to eligible beneficiaries (see Other information on page 8 to read more about who can be a beneficiary). The anti-detriment payment amount is roughly equal to the contributions tax on the account. It s calculated on the taxable component only, not on the tax-free component on any death benefit paid to the account holder s eligible beneficiaries. 8 Insurance in your super This section is a snapshot of the types of insurance available through Cbus. The amount, type and cost of cover you receive will depend on your age, occupation category and the number of units you choose. Types of insurance cover through Cbus Death cover Pays a lump sum if you die or are diagnosed with a terminal illness that is likely to lead to your death within 24 months from the date of your diagnosis. TPD cover Pays you a lump sum if you re unlikely to ever work again due to Illness or Injury and you meet the TPD definition under the Cbus Insurance Policy. Insurance cover is not provided automatically, but you can apply at any time by completing an Application to increase insurance cover which will be assessed by our Insurer. You should read the Insurance handbook for Personal Super for detailed information about insurance including: how to apply for insurance the amount of cover available and how much it costs eligibility, exclusions and other terms and conditions when cover stops and starts how to change your occupation category or amount of cover, and cancellation of insurance. Applying for cover To apply for insurance cover you need to complete an Application to increase insurance cover. You ll need to provide information about your health and other details, and your application will be assessed by the Insurer. You can apply for up to $5 million Death cover and $2 million TPD cover (subject to conditions). 6 Join Cbus Personal Super

7 8 Insurance in your super continued Occupation categories and cost The total cost of your insurance depends on the type of cover you ve applied for, how many units you select and your occupation category. The cost of insurance cover is paid for out of your super account. Occupation category Eligibility for occupation category Weekly cost of Death and TPD (per unit) Weekly cost of Death only (per unit) Manual Members who perform any $3.58 $1.33 manual (physical) work or spend more than 20% of their working time outside of an office environment. Non-Manual Members who perform $3.58 $1.55 work of a clerical, administrative, managerial or professional nature, perform a minimum of 80% of work in an office environment, and don t perform any manual (physical) work. Professional Members who perform work $3.58 $1.55 of an entirely sedentary professional nature, perform a minimum of 80% of work in an office environment, don t perform any manual (physical) work and have an Annual Taxable Income of more than $100,000 from their primary occupation/ profession (which can be applied pro rata for permanent part-time workers), and either of the following apply: holds a university qualification (Bachelor degree or above), or is a Senior Manager/ Executive If you apply for cover, you ll be assessed under the Manual occupation category unless you qualify for another category. All applications for insurance cover are subject to approval by our Insurer. How much cover can I get? This table shows the benefit (payment) amount that one unit of Death and TPD cover provides across occupation categories. Age Manual Non-Manual Professional Death TPD Death TPD Death TPD 30 $52,000 $26,000 $119,400 $119,400 $149,250 $149, $52,000 $26,000 $75,500 $75,500 $94,375 $94, $52,000 $26,000 $59,800 $47,300 $74,750 $59,125 See the full scale and cover amount for your age in the Insurance handbook for Personal Super at When cover starts When cover starts depends on the Insurer accepting your application. The Insurer may ask you for more information or to have medical tests to help them assess your application. We ll let you know in writing whether your application has been accepted. If it has, we ll also confirm the date your cover starts, the occupation category you re covered under, and how much cover you have. Can you decrease or cancel your cover? Cbus believes our members should have insurance cover to protect themselves and the people who depend on them. However, you can decrease or cancel your cover at any time. You just need to complete an Application to decrease or cancel insurance cover at (or call us for a copy). You can only cancel cover by completing this form. Until we receive your request to decrease or cancel your cover, any cover you have will stay in place unless it stops for another reason read the Insurance handbook for Personal Super for details. We strongly suggest you speak to Cbus before you decide to decrease or cancel your cover. You should read the important information about Insurance in your super before making a decision. Read the Insurance handbook for Personal Super at The material relating to Insurance in your super may change between the time when you read this statement and the day when you acquire this product. Join Cbus Personal Super 7

8 9 How to open an account Opening a Cbus account is easy just follow these quick steps and you ll be a member in no time. 1. Read this PDS, then either: go to it s quick and easy to join online, or fill in the Join Cbus Personal Super form with this PDS. 2. If you have super accounts with other funds and would like to transfer them to Cbus, then either: go to to complete and submit your request online or complete the Request to transfer form (also with this PDS). 3. Make your first contribution of at least $250 within 31 days from the date we receive your Join Cbus Personal Super form, or the date you submitted an online application. Note: you must be age 15 or over to join Cbus. Contact us if you re not satisfied with our service Cbus works hard to provide excellent service for every member. We take complaints seriously and work to address them as quickly as possible. If you have a complaint: Write to the Cbus Complaints Officer Locked Bag 999, Carlton South VIC 3053 Call us on us at cbusenq@cbusmail.com.au Your complaint must be considered within 90 days, however, we genuinely look to do so well within that timeframe. If you re not satisfied with the outcome, the matter can be considered by the Superannuation Complaints Tribunal. Cooling off You should read the important information about How to make a complaint before making a decision. Go to The material relating to How to make a complaint may change between the time you read this statement and the day when you acquire this product. If you change your mind about Cbus, by law you can stop your membership within the later of: 14 days from when Cbus confirms we have accepted it 19 days from the date Cbus receives your membership application. If you want to cancel your membership, please contact the Service Centre. Any preserved benefit you have can only be rolled over to another regulated super fund. 10 Other information Super search consent If you ve had more than one job, you may have more than one super account and you could pay fees on every one of them. Cbus can help you find your other super accounts free. By giving us permission to search for your other super using your TFN, we can help you track down and (if you choose), combine your super for you. You can provide consent on the Join Cbus Personal Super form when you provide your TFN. If we find other super accounts in your name, we ll contact you to ask if you want to join your accounts together in Cbus. Keep us up-to-date (and keep track of your super) Make sure you stay in touch with your super by staying in touch with us. It s easy: call us 8am-8pm (AEST/AEDT weekdays) log in to your account at any time us at cbusenq@cbusmail.com.au If any of your personal details change, let us know straight away. What happens if we can t contact you? Your super becomes either lost or unclaimed. That means we have to send it to the ATO and you ll lose any insurance cover and other benefits of being a member. Don t let that happen to you keep your details up-to-date! How to choose a beneficiary You can tell us in Step 2 of the Join Cbus Personal Super form who you d like to have as beneficiaries by making a non-binding nomination, but it doesn t mean they will definitely get your super. Cbus will have the final decision on who to pay unless you make a valid binding nomination. A binding nomination means you can make sure that the people you choose will get your super and insurance benefit. To make a binding nomination, complete a Binding death benefit nomination form at or call the Service Centre for a copy. For more information about: what happens to your super if it becomes lost or unclaimed what happens to your super account if you die while a Cbus member who can you choose as your beneficiaries read the fact sheet Other information at The material relating to Other information may change between the time you read this statement and when you acquire this product. 8 Join Cbus Personal Super

9 Your member number: Join Cbus Personal Super This Membership Application is part of the Cbus Personal Super Product Disclosure Statement (PDS) dated 1 November Please read the PDS before you complete this form. Please use black or blue pen and CAPITAL letters. Use an X in boxes where required. REQUIRED Did you know you can join online? Visit it s quick and easy. I am joining as a: X Self-employed member (but not a sole trader or unincorporated partnership) * X Spouse member X Personal member (that is, not receiving employer contributions) * * If you trade in your own right as a sole trader or in an unincorporated partnership, or if you receive employer contributions, please call the Service Centre or visit for a copy of the relevant PDS and application form. Step 1: Personal details Title Date of birth Gender X Mr X Mrs X Miss X Ms X Other D D / M M / Y Y Y Y X Male X Female First name(s) Family name Telephone (home) ( ) Telephone (mobile) Address Unit number Street number Street name Suburb/town State Postcode Occupation Your job title/occupation address X Mark this box to receive information about Cbus electronically. X Mark this box if you would like to access your statements online instead of being sent by post (we will you when it is ready to access). X Mark this box to sign up for The New Daily, a free online newspaper covering all the latest news, sport and entertainment. By marking this box, I consent to my personal information being supplied to The New Daily. As a subscriber, I will receive a daily bulletin of the day s top stories directly in my inbox, and access to exclusive offers. Continues next page Cbus Trustee is United Super Pty Ltd. ABN AFSL Cbus ABN Page 1 of /15

10 Step 2: Beneficiaries CHOOSE WHO YOU WOULD LIKE YOUR BENEFITS TO BE PAID TO (You can choose ( nominate ) one or more preferred dependants) Cbus will use this non-binding nomination to help identify your dependants if you die before you retire. You can change your nomination at any time online or call the Service Centre. Please note Cbus has the final decision on who receives your benefits unless you complete a Binding death benefit nomination form at Dependants include your spouse (including de facto and same sex partners), children (including children of same sex couples) and other people who are financially dependent on you or were in an interdependent relationship. First given name and initial(s) (e.g. John R) Family name Relationship (e.g. son, spouse etc) % share Please attach another page if you have more than three beneficiaries. Total % Step 3: Tax File Number (TFN) Important information about your TFN Cbus is authorised under legislation to collect your TFN. Where provided it will be confidential and used only for lawful purposes (which may change in the future). I am aware I do not have to provide my TFN, but by providing it I understand Cbus will only use it for legal purposes. I choose to provide my TFN and declare it is: If we don t have your TFN recorded you will pay tax at a higher rate on before-tax contributions and we can t accept after-tax contributions. Super Search Consent I give permission for Cbus to use my TFN to contact other super funds and the ATO to find out if I have other superannuation money. X Yes X No Step 4: Your first contribution Your first contribution of at least $250 is: a) a personal contribution (made personally by you, not by direct debit). b) spouse contribution (made by your spouse). c) rollover from another super fund. $ Please fill in the attached Request to transfer form and include it with this application. Important information: Any insurance cover you ve applied for won t start unless accepted by the Insurer and your account balance is at least $250 within 31 days of us accepting your accurately completed Application to increase insurance cover. This amount can be a personal contribution, spouse contribution or rollover from another super fund. Cheques should be made payable to Cbus Superannuation Fund. Step 5: Ongoing contributions If you plan to keep making contributions, choose how you would like to pay them. If you will use direct debit, complete a Direct debit application at and attach it to your application. X Direct debit from my bank, building society or credit union. Please check your financial institution offers this option before you complete the Direct debit application at Step 6: Investment choice (OPTIONAL) X Direct payment to Cbus. To use this option download a deposit slip from or call the Service Centre for a copy. BPAY You can use BPAY after your account is set up call us for details. Registered to BPAY Pty Ltd ABN You DO NOT have to make an investment choice. If you don t choose, your super will be invested in our default option, Growth (Cbus MySuper). See page 4 for details. If you do want to choose, we strongly recommend you read the Investment handbook at and seek advice. ONLY COMPLETE THIS SECTION if you want to change from Growth (Cbus MySuper). Investment options Percentage of total High Growth % Growth (Cbus MySuper) % Conservative % Cash Savings % Total % You can change your investment choice at any time after you join. Read our Investment handbook at or call us for a copy. The percentages shown must total 100%. If they do not we cannot process your investment choice. Cbus Self Managed is an investment option that allows eligible Cbus members to invest their super directly in a range of key asset classes. To invest in Cbus Self Managed you need to register online after joining via the Cbus Member SuperSite and meet certain eligibility criteria. For more information read the Cbus Self Managed Investment Guide available from Continues next page Cbus Trustee is United Super Pty Ltd. ABN AFSL Cbus ABN Page 2 of /15 $ $ % % %

11 Step 7: Keeping you up-to-date You can register to access your account details online at Member SuperSite or by calling the Service Centre. X Mark this box to receive information from Cbus about non-commission products and services from other organisations you may be interested in. Step 8: Member declaration I hereby apply to the Trustee for admission to Cbus Personal Super on the terms and conditions in the Trust Deed and confirm: I have read the Cbus Personal Super PDS dated 1 November 2015 and the additional information incorporated by reference which I needed to make decisions about my application I am entitled to only one super membership in Cbus (with the exception of the Cbus Super Income Stream) and Cbus may close duplicated accounts I have read and understood the Cbus investment options and that Cbus documents do not contain personal advice I understand Cbus is responsible for each investment option s strategic asset allocation and objectives, and for choosing the investment managers, but not for my choice of option I have answered all questions truthfully and correctly to the best of my knowledge. Privacy Cbus collects, stores and discloses the personal information you provide only to administer your account and in accordance with Cbus Privacy Policy. Except where required by law, Cbus will not use your personal information for any other purpose. Please refer to the Cbus Privacy Policy and Personal Information Collection Statement at for details about how Cbus collects and discloses personal information or contact the Service Centre on for a copy. By signing this application I consent to the use of my personal information to establish and run my super account. Sign here: Date D D / M M / 2 0 Y Y Please note: We can t approve membership unless we receive this accurately completed form within 31 days of you signing and dating it. Step 9: Spouse declaration (if applicable) If you are joining Cbus as a Spouse member, the contributing spouse must complete and sign this section. Title Date of birth Gender X Mr X Mrs X Miss X Ms X Other D D / M M / Y Y Y Y X Male X Female First name(s) Family name Telephone (home) ( ) Telephone (mobile) Address Unit number Street number Street name Suburb/town State Postcode I declare I do not employ my spouse, I am living with my spouse at this time (and I will tell Cbus if those circumstances change) and I wish to make contributions to Cbus Personal Super on behalf of my spouse. Privacy Cbus collects, stores and discloses the personal information you provide only to administer your account and in accordance with Cbus Privacy Policy. Except where required by law, Cbus will not use your personal information for any other purpose. Please refer to the Cbus Privacy Policy and Personal Information Collection Statement at for details about how Cbus collects and discloses personal information or contact the Service Centre on for a copy. By signing this application I consent to the use of my personal information to verify eligibility when making contributions to Cbus for my spouse. Sign here: Date D D / M M / 2 0 Y Y To be signed by the contributing spouse named above. Membership cannot be approved unless this form is completed and signed. Please detach and send this form to: Cbus, Locked Bag 999 Carlton South, VIC 3053 Call us on am-8pm (AEST/AEDT) weekdays Visit Cbus Trustee is United Super Pty Ltd. ABN AFSL Cbus ABN Page 3 of /15

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13 Rollover initiation request to transfer whole balance of superannuation benefits between funds under the Superannuation Industry (Supervision) Act 1993 OPTIONAL COMPLETING THIS FORM Read the important information pages Refer to instructions where indicated with: Ü This form is only for whole (not part) balance transfers OR Go to to complete and submit your request online. AFTER COMPLETING THIS FORM Sign the authorisation Send form back to us Don t complete this form until you ve read and understood the important information over the page. Personal details Current address (residential, no PO. Boxes) Title Mr Mrs Ms Other *Address *Family name *Given names *Suburb Other/previous names *State/territory *Postcode *Date of birth (DD/MM/YYYY) / / Tax fi le number Contact phone number Under the Superannuation Industry (Supervision) Act 1993, you are not obliged to disclose your tax fi le number, but there may be tax consequences. Ü See What happens if I do not quote my tax fi le number? *Gender Male Female Previous address Ü If you know that the address held by your FROM fund is different to your current residential address, give details below. Address NB: * Denotes mandatory fi eld. If you do not complete all of the mandatory fi elds, there may be a delay in processing your request Fund details FROM (Transferring Fund) *Fund name Suburb State/territory TO (Receiving Fund) *Fund name CBUS Postcode Fund phone number Fund phone number *Member or account number Australian Business Number *Member or account number Australian Business Number Unique Superannuation Identifi er Unique Superannuation Identifi er CBU0100AU Ü If you have multiple account numbers with this fund, you must complete a separate form for each account you wish to transfer. You must check with your TO fund to ensure they can accept this transfer Authorisation By signing this request form I am making the following statements: I declare I have fully read this form and the information completed is true and correct. I am aware I may ask my superannuation provider for information about any fees or charges that may apply, or any other information about the effect this transfer may have on my benefi ts, and have obtained or do not require any further information. I consent to my tax fi le number being disclosed for the purposes of consolidating my account. I discharge the superannuation provider of my FROM fund of all further liability in respect of the benefi ts paid and transferred to Cbus. I request and consent to the transfer of superannuation as described above and authorise the superannuation provider of each fund to give effect to this transfer. Cbus Trustee is United Super Pty Ltd ABN AFSL Cbus ABN *Name (Print in BLOCK LETTERS) *Signature *Date (DD/MM/YYYY) / / Privacy Please refer to the Cbus Privacy policy and Personal information collection statement at for details about how Cbus collects and discloses personal information or contact us on for a copy. IN-CONFIDENCE - when completed If you wish to rollover your other super accounts, complete and include this form with your Join Cbus Personal Super form and send to: Cbus Locked Bag 999, Carlton South VIC 3053

14 IMPORTANT INFORMATION ÜThis transfer may close your account (you will need to check this with your FROM fund). This form can NOT be used to: transfer part of the balance of your super benefi ts transfer benefi ts if you don t know where your super is transfer benefi ts from multiple funds on this one form a separate form must be completed for each fund you wish to transfer super from change the fund to which your employer pays contributions on your behalf open a super account, or transfer benefi ts under certain conditions or circumstances, for example if there is a super agreement under the Family Law Act 1975 in place. ÜWHAT HAPPENS TO MY FUTURE EMPLOYER CONTRIBUTIONS? Using this form to transfer your benefi ts will not change the fund to which your employer pays your contributions and may close the account you are transferring your benefi ts FROM. If you wish to change the fund into which your contributions are being paid, you will need to speak to your employer about choice. For the appropriate forms and information about whether you are eligible to choose the fund to which your employer contributions are made, visit call the Australian Taxation Offi ce on or download a copy from ÜTHINGS YOU NEED TO CONSIDER WHEN TRANSFERRING YOUR SUPER When you transfer your super, your entitlements under that fund may cease. You need to consider all relevant information before you make a decision to transfer your super. If you ask for information your super provider must give it to you. Some of the points you may consider are: Fees your FROM fund must give you information about any exit or withdrawal fees. If you are not aware of the fees that may apply, you should contact your fund for further information before completing this form. The fees could include administration fees as well as exit or withdrawal fees. Differences in fees funds charge can have a signifi cant effect on what you will have to retire on. For example, a 1% increase in fees may signifi cantly reduce your fi nal benefi t. Death and disability benefits your FROM fund may insure you against death, illness or an accident which leaves you unable to return to work. If you choose to leave your current fund, you may lose any insurance entitlements you have. Other funds may not offer insurance, or may require you to pass a medical examination before they cover you. When considering a new fund, you may wish to check the costs and amount of any cover offered. ÜWHAT HAPPENS IF I DO NOT QUOTE MY TAX FILE NUMBER (TFN)? You are not obliged to provide your TFN to Cbus. However, if you do not provide your TFN, your benefi t may be taxed at the highest marginal tax rate plus other Government levies on contributions made to your account in the year, compared to the concessional tax rate of 15%. Cbus may deduct this additional tax from your account. If Cbus does not have your TFN, you will not be able to make personal contributions to your super account. Choosing to quote your TFN will also make it easier to keep track of your super in the future. Under the Superannuation Industry (Supervision) Act 1993, Cbus is authorised to collect your TFN, which will only be used for lawful purposes. These purposes may change in the future as a result of legislative change. The TFN may be disclosed to another super provider, when your benefi ts are being transferred, unless you request in writing that your TFN is not to be disclosed to any other trustee. ÜHAVE YOU CHANGED YOUR NAME OR ARE YOU SIGNING ON BEHALF OF ANOTHER PERSON? If you have changed your name or are signing on behalf of the applicant, you will need to provide a certifi ed linking document. A linking document is a document that proves a relationship exists between two (or more) names. The following table contains information about suitable linking documents. Purpose Change of name Signed on behalf of the applicant Suitable linking documents Marriage certifi cate, deed poll or change of name certifi cate from the Births, Deaths and Marriages Registration Offi ce Guardianship papers or Power of Attorney If you wish to rollover your other super accounts, complete and include this form with your Join Cbus Personal Super form and send to: Cbus Locked Bag 999, Carlton South VIC 3053